Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Requirements The Augustbarkement of Wyndham Healthcare has just arrived from Haminton Bark. To pre Click the loon to view the Read their 1. Prepare the

image text in transcribed
image text in transcribed
Requirements The Augustbarkement of Wyndham Healthcare has just arrived from Haminton Bark. To pre Click the loon to view the Read their 1. Prepare the bank recordation for Wyndham Hotel August 3, 2016 2. Journalire any required from the bank reconciliation include explanation for each entry Requirement 1. Prepare the bank recordation for Wyndham Hothwest August 31, 2018 Wyndham Healthcare Bank Reconciliation A1.2018 Done b. The bank winds two charge for home 14001 and the other for 170 ADO Check Acount 100 510 200 20 Wychom w customers by EFT The Agatha action on account Wyndham came banke during On the Wyndhamad, but this de Choose from any story number in the nuts and then con to the red Fre Company Wyndham than 200 g MacBook Air a. The August 31 bank balance is $5,630. b. The bank statement includes two charges for NSF checks from customers. One is for $400 (#1), and the other is for $170 (#2). c. The following Wyndham Healthcare checks are outstanding at August 31: Check No. Amount 237 $ 100 288 130 291 510 294 590 295 20 296 90 d. Wyndham collects from a few customers by EFT. The August bank statement lists a $1,600 EFT deposit for a collection on account. e. The bank statement includes two special deposits that Wyndham hasn't recorded yet: $900 for dividend revenue, and $60 for the interest revenue Wyndham earned on its bank balance during August. f. The bank statement lists a $110 subtraction for the bank service charge. g. On August 31, the Wyndham treasurer deposited S290, but this deposit does not appear on the bank statement. h. The bank statement includes a $600 deduction for a check drawn by Multi-State Freight Company. Wyndham notified the bank of this bank error. i. Wyndham's Cash account shows a balance of $3,200 on August 31. Print Done

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Four Corners Of Financial Accounting

Authors: Shaho Heidari Gandoman

1st Edition

1952751950, 978-1952751950

More Books

Students also viewed these Accounting questions

Question

Describe two different interpretations of the term MIB.

Answered: 1 week ago